Executive compensation
Form 990-PF · Part VIII · 3 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide.
| Position | Total |
|---|---|
Director, President Board President 75th to 90th percentilevs Philanthropy, Voluntarism & Grantmaking peers in Connecticut | $92k $100k |
Director, Vp, Treasurer, Secretary Board Vice President 25th percentile to median | $14k $15k |
Director, Program Officer Director (Operational) Below 10th percentile | $4k $4k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Browse compensation in Philanthropy, Voluntarism & Grantmaking →
Top pay as a share of expenses
In 2024, the highest total compensation at THE VELAJ FOUNDATION equaled 24% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.
Grants paid
Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.
Total granted
$202k
Itemized grants
11
Median grant
$15k
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| EDUCATION FOR EMPLOYMENT | WASHINGTON, DC | INNOVATION AWARD | $75k |
| STAMFORD HOSPITAL FOUNDATION | STAMFORD, CT | WOMEN AND BABIES CENTER | $30k |
| STAMFORD MUSEUM AND NATURE CENTER | STAMFORD, CT | ASTRONOMY CENTER | $30k |
| FAMILY CENTERS INC | GREENWICH, CT | ADULT LITERACY PROGRAM | $25k |
| FILLING IN THE BLANKS | NORWALK, CT | WEEKEND FOOD | $15k |
| MILL RIVER COLLABORATIVE | STAMFORD, CT | YOUTH WORKPLACE DEVELOPMENT | $15k |
| EDUCATION FOR EMPLOYMENT | WASHINGTON, DC | CAPITAL CAMPAIGN | $5k |
| FINAL VICTORY ANIMAL RESCUE | EASTOVER, SC | GENERAL OPERATING SUPPORT | $2k |
| GREENWICH SCHOLARSHIP ASSOCIATION | GREENWICH, CT | SCHOLARSHIPS | $2k |
| KU ENDOWMENT | LAWRENCE, KS | HOPKINS SCHOLARSHIP | $2k |
| STAMFORD HOSPITAL FOUNDATION | STAMFORD, CT | VAN MUNCHING REHABILITATION UNIT | $1k |
Held steady
from 2023
From $92k in 2023 to $92k in 2024.
Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Board President pay held roughly steady from 2023 to 2024, while revenue rose 243%.
- Board Vice President pay held roughly steady from 2023 to 2024.
- Director (Operational) pay rose 300% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about THE VELAJ FOUNDATION
What does the Board President of THE VELAJ FOUNDATION earn?
In 2024, the Board President of THE VELAJ FOUNDATION received $92,400 in total compensation. This pay is in the top quarter for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations in Connecticut, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Board President pay at THE VELAJ FOUNDATION compare with similar nonprofits?
Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Connecticut, the 2024 pay of the Board President at THE VELAJ FOUNDATION falls between the 75th and 90th percentiles. In 2024, the highest total compensation at THE VELAJ FOUNDATION equaled 24% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
What are THE VELAJ FOUNDATION's revenue and expenses?
In 2024, THE VELAJ FOUNDATION reported $441k in total revenue and $377k in total expenses on its IRS Form 990.
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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.
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